01086nam a22001937a 450000100060000000300040000600500170001000800410002704000230006810000180009124500620010926000590017130000690023052004480029965000310074765000370077865000320081565000450084736526OSt20260707172555.0090528t xxu||||| |||| 00| 0 eng d cKE-NaSULdKE-NaSUL aAyodo, Harold aMortgage types and their legal requirementscHarold Ayodo aNairobibThe Standard GroupcThursday, January 29 2009 aP.13 [Home and Away:property law], The Standard, January 29 2009 aThere are 4 legal mortgages entailed in the Indian Transfer of Property Act: *Simple mortgages-the prospective property owner is the mortgagor. *Usufructuary mortgage-investors given possession and authority to retain the property until they fully pay the debt. *English mortgage-mortgagor required to bind himself to repay the debt on a specific and transfer the mortgage property absolutely to the mortgagee. * Mortgage by condition of sale aMortgagesbsimple mortgage aMortgagesbusufructuary mortgage aMortgagesbenglish mortgage aMortgagesbmortgage by condition of sale